Staying Viable in the Fintech Future
April 7, 2022 | 10:00 am - 11:15 am CST
Complimentary (bank members) | $120 per person (nonmembers)
Fintech providers continue to disrupt the community banking space by offering enhanced digital banking products that focus on the customer experience. Increasingly, many products in the payments, deposit, and lending space are moving out of the traditional banking system. Sarah Fankhauser, President and CEO of Data Center Inc., explores thoughts on how today’s community bankers need to think about future-proofing their place in the industry by laying the ground work to stay viable as part of the fintech revolution and market future. Sarah will discuss considerations for strategically preparing for partnerships with fintech firms, what it means to be a direct bank or sponsor bank, and the changes in IT infrastructures, staff, product offerings banks may need to implement to succeed.
- How any community bank can find and evaluate opportunities in fintech
- How to evaluate the right kind of role and relationship for your bank
- How to evaluate technology and process to get started
Presented in partnership with
Sarah Fankhauser, CEO & President, DCI – Data Center Inc, joined DCI in 1993 and today serves as President and CEO, becoming the first female president/CEO in the company’s 57-year history, and the first female president/CEO among major core providers in the U.S. bank technology industry. Fankhauser has been credited with helping direct some of the most significant DCI initiatives in recent history, from iCore360 to landmark business acquisitions and more. After graduating Friends University in Wichita, KS, Fankhauser’s banking career began as a teller at a large DCI client bank where she worked her way to Branch Operations Officer. She joined DCI in 1993 as an Analyst/Instructor training other DCI clients how to use the company’s core processing system. Between 1995 and 2004, Fankhauser quickly rose through the ranks at DCI in a series of promotions during a period of other management successions, reaching the position of Senior Vice President, heading the company’s customer support and product development divisions. During a 2009 reorganization, Fankhauser was promoted to Executive Vice President under, then President and CEO John Jones, and also subsequently named Chief Operating Officer in 2014.
Questions? Contact Patti Coles at Patti@Minnesota.Bank or (651) 789-3987